🔍Technical Overview
Tata Steel has been range-bound between ₹20–₹80 for over a decade. In 2021, it broke above the ₹80 resistance, which then acted as support in 2022. The stock rallied to ₹184 by June 2024, then it came to ₹120.
A descending channel formed during this correction, characterized by lower highs and lower lows. This pattern was decisively broken in May 2025, coinciding with strong Q4 results. The stock surpassed its recent lower high and is now trading at ₹163.
Key Levels:
Resistance: ₹170 (Target 1), ₹180 (Target 2), ₹190 (Target 3)
Support: ₹160, ₹150, and a major demand zone at ₹120
The breakout, supported by robust financials, suggests a bullish trend continuation.
💰Q4 FY25 Key Financial Highlights:
Tata Steel's Q4 FY25 performance showed significant improvement compared to the previous quarter:
Compared to Q4 FY24, while revenue saw a slight decline, net profit more than doubled, indicating improved operational efficiency.
🧾Fundamental Insights
Cost Efficiency: The significant profit increase is attributed to reduced input costs, particularly in raw materials like coking coal and iron ore.
Dividend Declaration: The company announced a dividend of ₹3.60 per share, reflecting confidence in its financial health.
Market Position: Tata Steel's strategic cost management and operational efficiency have positioned it favorably in the steel industry, even amidst global challenges.
📊Conclusion
Tata Steel's technical breakout, coupled with strong Q4 financials, indicates a positive outlook. Investors should monitor key support and resistance levels as the stock navigates its upward trajectory.
Disclaimer: lnkd.in/gJJDnvn2
Tata Steel has been range-bound between ₹20–₹80 for over a decade. In 2021, it broke above the ₹80 resistance, which then acted as support in 2022. The stock rallied to ₹184 by June 2024, then it came to ₹120.
A descending channel formed during this correction, characterized by lower highs and lower lows. This pattern was decisively broken in May 2025, coinciding with strong Q4 results. The stock surpassed its recent lower high and is now trading at ₹163.
Key Levels:
Resistance: ₹170 (Target 1), ₹180 (Target 2), ₹190 (Target 3)
Support: ₹160, ₹150, and a major demand zone at ₹120
The breakout, supported by robust financials, suggests a bullish trend continuation.
💰Q4 FY25 Key Financial Highlights:
Tata Steel's Q4 FY25 performance showed significant improvement compared to the previous quarter:
- Total Income: ₹56,218 Cr (vs ₹53,648 Cr in Q3 FY25)
- Total Expenses: ₹49,659 Cr (vs ₹47,745 Cr in Q3 FY25)
- Total Operating Profits: ₹6,559 Cr (vs ₹5,903 Cr in Q3 FY25)
- Profit Before Tax: ₹2,200 Cr (vs ₹1,672 Cr in Q3 FY25)
- Profit After Tax: ₹1,201 Cr (vs ₹295 Cr in Q3 FY25)
- Diluted Normalized EPS: ₹1.04 (vs ₹0.26 in Q3 FY25)
Compared to Q4 FY24, while revenue saw a slight decline, net profit more than doubled, indicating improved operational efficiency.
🧾Fundamental Insights
Cost Efficiency: The significant profit increase is attributed to reduced input costs, particularly in raw materials like coking coal and iron ore.
Dividend Declaration: The company announced a dividend of ₹3.60 per share, reflecting confidence in its financial health.
Market Position: Tata Steel's strategic cost management and operational efficiency have positioned it favorably in the steel industry, even amidst global challenges.
📊Conclusion
Tata Steel's technical breakout, coupled with strong Q4 financials, indicates a positive outlook. Investors should monitor key support and resistance levels as the stock navigates its upward trajectory.
Disclaimer: lnkd.in/gJJDnvn2
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.